Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from UAE to EGYPT

Data collected on: May 07, 2019
AED | USD
Payment instrument
Access point
Sending network coverage
Receiving method
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
15.004.08
0.48
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.48
2.522.52
18.525.04
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
2.82
Percentage difference between market reference rate 4.67 and exchange rate charged 4.54
2.82
2.822.82
20.735.64
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
1.17
Percentage difference between market reference rate 4.67 and exchange rate charged 4.62
1.17
3.323.32
24.406.64
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
3.423.42
25.146.84
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
3.423.42
25.146.84
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
3.423.42
25.146.84
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
Medium
Receiving method
Medium
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
3.423.42
25.146.84
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
3.643.64
26.757.28
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
15.754.29
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
3.643.64
26.757.28
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
Medium
Receiving method
Medium
15.754.29
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
3.643.64
26.757.28
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
19.005.17
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
4.084.08
29.998.16
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.257.14
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
5.075.07
37.2610.14
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
26.257.14
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
5.075.07
37.2610.14
Total Average Second Quarter
3.653.65
Total Average First Quarter
4.084.08
Total Average
Fee
16.354.45
Exchange Rate Margin (%)
1.431.43
Total Cost Percent (%)
3.653.65
Total Cost (AED) Total Cost (USD)
26.847.30
Non-Transparent records
Bank account transfer Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
1.17
Percentage difference between market reference rate 4.67 and exchange rate charged 4.62
1.17
2.032.03
37.2510.15
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
2.142.14
39.2710.70
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
High
Receiving method
Medium
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
2.142.14
39.2710.70
Al Ansari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
2.142.14
39.2710.70
Wall St Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
Medium
Receiving method
Medium
15.754.29
1.28
Percentage difference between market reference rate 4.67 and exchange rate charged 4.61
1.28
2.142.14
39.2710.70
UAE Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
15.754.29
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
2.352.35
43.1211.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
Medium
15.754.29
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
2.352.35
43.1211.75
Lari
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent, Call Center
Sending network coverage
Medium
Receiving method
Medium
15.754.29
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
2.352.35
43.1211.75
Dahabshiil
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
36.009.81
0.48
Percentage difference between market reference rate 0.27 and exchange rate charged 0.27
0.48
2.442.44
44.7712.20
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
19.005.18
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
2.532.53
46.4312.65
DirectRemit (NBD)
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
0.000.00
2.82
Percentage difference between market reference rate 4.67 and exchange rate charged 4.54
2.82
2.822.82
51.7514.10
Al Fardan Exchange
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
26.257.15
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
2.922.92
53.5814.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
26.257.15
1.49
Percentage difference between market reference rate 4.67 and exchange rate charged 4.60
1.49
2.922.92
53.5814.60
Total Average Second Quarter
2.412.41
Total Average First Quarter
2.742.74
Total Average
Fee
17.964.89
Exchange Rate Margin (%)
1.431.43
Total Cost Percent (%)
2.412.41
Total Cost (AED) Total Cost (USD)
44.1412.03
Non-Transparent records
Bank account transfer Cash
Less than one hour Next day 2 days 3-5 days
Bank account Cash